Prime Minister Narendra Modi on Tuesday said the economic response to the COVID-19 pandemic was formulated to ensure that solutions do not follow a ‘one size fits all’ model.He asserted that “reforms by conviction and incentives” were undertaken on the back of “Centre-state bhagidari…
The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 7:10 am, the SGX Nifty was trading 49.00 points or 0.31 percent higher at 15,819.00, indicating a positive start for the Sensex and Nifty50. HDFC Bank | The bank, along with its subsidiary HDFC Securities, will pick up a…
The Indian market is likely to open higher on Wednesday following a mixed trend in Asian peers. At 8:02 am, the SGX Nifty was trading 124 points or 0.79 percent higher at 15,881, indicating a positive start for the Sensex and Nifty50. 1. Wall Street: Stocks finished higher on Wall Street Tuesday, nudging the S&P…
The crypto market on Wednesday was trading broadly in the green, with major coins surging, after a volatile session on Tuesday. Bitcoin briefly dipped below $28,600 for the first time since January. Currently, it is trading at $33,976, nearly 4 percent up in 24 hours and remains about 13 percent higher so far this…
Indian indices are likely to open near record highs on Tuesday tracking gains in Asian peers. The SGX Nifty was also trading over 100 points higher near 15,850 indicating a positive opening for the Indian markets. Stocks including Indian Bank, Info Edge will be in focus. CNBC-TV18’s in-house panel of experts have…
A two-member bench of the National Company Law Tribunal (NCLT) is set to pronounce its final ruling on the Kalrock Capital and Murari Lal Jalan consortium resolution plan for Jet Airways this morning. The Mumbai bench of NCLT has listed the matter for final orders at 10.30 am today. The two-judge bench presided by…
China’s renewed crackdown on the cryptocurrency industry has wiped off nearly $300 billion in value from the total digital currency market since Friday, when a major bitcoin mining hub ordered miners to shut down operations. Bitcoin was down around 6.6% at $32,735.71 at around 10:47 p.m. ET, coming off its…
Bitcoin tumbled as much as 9 percent on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing thin liquidity and China’s expanding crackdown on bitcoin mining. Bitcoin fell as low as $32,288, its lowest in 12 days, and was last down 7.5 percent. If…
The Indian market may open sharply lower on Monday amid weak global cues. At 7:35 am, the SGX Nifty was trading 185.00 points or 1.17 percent lower at 15,565.00, indicating a negative start for the broader index in India. 1. US stocks | All three main indices on Wall Street dropped Friday with investors wary of a more…
Petrol and diesel prices were unchanged on Monday as oil marketing companies (OMCs) decided to keep fuel rates static.Accordingly, the price of petrol and diesel stood at Rs 97.22 and Rs 87.97 per litre respectively in Delhi, as per Indian Oil Corporation, the country’s largest fuel retailer. In Mumbai, the…